Union Budget 2024: Allocation for School Education & Literacy remains same as Interim; ₹4203 Cr up from 2023-24

According to the allocation made by the finance ministry, the Department of School Education and Literacy has gone up by ₹4203.25 crore i.e. to ₹73008.10 crore.

Union Budget 2024: Union finance minister Nirmala Sitharaman has released the Education Budget 2024 today, i.e. July 7, 2024, in Parliament. On the lines of the interim Budget announced by the Ministry earlier, the ministry has allocated ₹ 124638 crore to the two departments of the education ministry. According to the allocation made by the finance ministry, the Department of School Education and Literacy has gone up by ₹ 4203.25 crore i.e. to INR 73008.10 crore. The Ministry of Finance has allocated ₹ 47619.77 Crore to the Department of Higher Education.  

Let’s take a look at the proposed expenditure of the Ministry for 2024-25 for the education sector, precisely for the Department of School Education and Literacy:

In 2024-25, the Department of School Education and Literacy has been allocated ₹ 73008.10 crore, accounting for approximately 60% of the Ministry’s total allocation. The Department of Higher Education has been allocated ₹ 47619.77 crore, accounting for 40% of the Ministry’s total allocation.

*All figures in crores

Department	2023-24  Actuals	2024-25  Actuals
School Education & Literacy	68804.85	73008.10
Higher Education	44094.62	47619.77
Total	112899.47	124638.77

 Major heads of expenditure under the Department of School Education and Literacy in 2024-25

Expenditure Head	Allocation (All figures in Crore) 2023-24	Allocation (All figures in Crore) 2024-25
Samagra Shiksha	37453.47	37500
Autonomous Bodies (including Kendriya Vidyalaya Sangathan (KVS) and Navodaya Vidyalaya Samiti (NVS) and other autonomous bodies	14391.36	15638.67
Total Centrally Sponsored Schemes (including mid-day meals, now known as Pradhan Mantri Poshan Shakti Nirman (PM POSHAN))	54010.47	57427.39

Union Budget 2024-25 Key Highlights

• Budget Allocation for PM Schools for Rising India (PM SHRI) increased by INR 2050 Crore, i.e. to INR 6050 Crore. The Ministry has announced its decision to upgrade around 14,500 schools in line with NEP 2020. 
• Budget Allocation to Pradhan Mantri Poshan Shakti Nirman (PM POSHAN) stood at INR 12467 Crore 
• Allocation for Strengthening Teaching-Learning and Results for States (STARS), a world-bank supported project, has increased to INR 1,250 crore, this is INR 450 crore increase from last year.

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